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Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial July 26 2023
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Navigating the maze of mortgage rates can be daunting, especially when the market's as volatile as it is today. Here's a snapshot to simplify what's happening:
-Today's mortgage rates might improve compared to yesterday, dependent on early bond trends. Fasten your seat belts for a roller coaster afternoon!
-The Federal Reserve meeting could lead to a 25 basis point rate hike announcement, and Jerome Powell's press conference often stirs the bond market.
-Rates could go up if the sentiment for more than one hike strengthens or go down if the data suggests slowing inflation.
-Planning is key. Be ready to lock in a rate, based on the market's reactions to today's events.
For a deeper dive into today's mortgage market landscape, check out the full report. Stay informed, stay ahead!
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com
-Today's mortgage rates might improve compared to yesterday, dependent on early bond trends. Fasten your seat belts for a roller coaster afternoon!
-The Federal Reserve meeting could lead to a 25 basis point rate hike announcement, and Jerome Powell's press conference often stirs the bond market.
-Rates could go up if the sentiment for more than one hike strengthens or go down if the data suggests slowing inflation.
-Planning is key. Be ready to lock in a rate, based on the market's reactions to today's events.
For a deeper dive into today's mortgage market landscape, check out the full report. Stay informed, stay ahead!
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com